Archives for March 2010

March 2010 - Page 11 of 11 - Money Morning - Only the News You Can Profit From

Buy, Sell or Hold: Juniper Networks Inc. (NYSE: JNPR) Will Be the Next Company to Profit from the Broadband Boom

Given the lightening fast expansion that we are seeing in broadband marketsomething I mentioned last week in my recommendation of Cisco Systems Inc. (Nasdaq: CSCO), we are going to look at another strong beneficiary in the sector: Juniper Networks Inc. (NYSE: JNPR).

Juniper Networks beat estimates by a mile in its recent earnings report. It beat both on sales and margins expectations. However, some analysts have raised questions about the company's strategy. And I am one of them.

Let me explain.

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AIG Could Seek Another Bailout as it Struggles to Return to Profitability

American International Group Inc. (NYSE: AIG), the insurance giant that received billions in federal bailout money, on Friday reported an $8.9 billion fourth-quarter loss. AIG dismissed the loss as part of its rebuilding process, but it also acknowledged that it may require even more government financing.

The loss is not nearly as bad as the previous year's $61.7 billion fourth-quarter stumble – the biggest quarterly loss in corporate history – but at $65.51 a share, it's still much higher than analysts predicted.

Amid scrutiny, AIG in September 2008 received a $182.3 billion bailout, which gave the government an 80% stake in its business. Since then, AIG's debt pay-off funds have generally come from the sale of its non-core assets. AIG recognizes these "fire-sales" as the best way to pay back its debts while also streamlining its business.

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